Attributes its 2,134 Percent Revenue Growth to Strategic Investment in Cross-Channel Online Marketing Technology and Measurable Client Results.
Santa Monica, CA, October 20, 2009 — The Search Agency today announced that it ranked number 83 on Technology Fast 500™, Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. The Search Agency grew 2,134 percent during this period.
The Search Agency's CEO, David Hughes, credits early investments in the company's AdMax™ Online Marketing Platform and an ongoing commitment to results-driven client service with the company's 2,134% growth over the past five years. He said, “We are honored to be recognized by Deloitte as the 4th fastest growing company in Los Angeles. This award is a great validation of the increasing demand for integrated online marketing services as well as our ability to foster results-driven partnerships with a wide variety of businesses."
“Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate The Search Agency on this accomplishment."
“With its impressive five-year growth, The Search Agency has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor The Search Agency for its achievement."
The Search Agency was named a Deloitte Technology Fast 500™ Rising Star in 2008.
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.
Technology Fast 500™ award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
As used in this document, “Deloitte" means Deloitte LLP. Please see www.deloitte.com/about/ for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.